Tag Archives: Volkswagen

Scandals. Recalls. Threats of bans. The diesel engine is a public enemy for many environmental activists and politicians. And yet, when the world's biggest automakers unveil new models at this year's auto show in Frankfurt, among the new electric vehicles and digitally enhanced prototypes there will also be diesel cars.

The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the industry into disarray, analysts say, forcing some uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but make less money.

Six high-level Volkswagen employees from Germany were indicted in the U.S. on Wednesday in the VW emissions-cheating scandal, while the automaker itself agreed to plead guilty to criminal charges and pay $4.3 billion – by far the biggest fine ever levied by the government against an automaker.